F.K. Mitchell Appraisals Inc. | Appraisers
: 300 Eugenie St.E., Unit B Windsor, ON N8X 2Y1
: 519-966-9613 P
The events of recent years have shown that real estate is not always a safe or stable investment. It is important then to consult with a qualified, professional real estate appraiser when you need an informed and objective opinion on the value of a property. An appraisal is an independent unbiased estimate of fair market value of a particular property at a particular time as made by a professional appraiser. It often serves as a cornerstone in a transaction. Professional appraisers value property with independence and objectivity in determining the most probable price of the property. The definition of market value according to the Appraisal Institute of Canada: The most probable price in terms of money which a property should bring in the competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgably and assuming the price is not affected by undue stimuli.